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nursy
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I'm a nurse and a full time student. Divorced,26,no kids, hetero
what is the probability that the average amount of the costs of 100 claims is less than 1500?
an auto insurer has found that repair claims have a mean of $1520 and a standard deviation of $770. suppose the next 100 claims can be regarded as a random sample from the long run claims process, the probability that the average amount of the costs of the 100 claims is less than $1500 is
a) 0.6026
B) 0.2574
C) 0.4880
D) 0.0047
E) 0.3974
1 AnswerMathematics8 years ago